MoneyWorks4Me

TCS to invest Rs 690 crore for Innovation Park in Kochi

20 Sep 2021 Evaluate

Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi. The state government has allotted 36.84 acres of land to TCS for setting up a unit for Electronics Hardware & IT/ITES in KINFRA Electronics Manufacturing Cluster, Kakkanad, Kochi. The company intends to operate a campus for Electronics Hardware & IT / ITES in an area of 36.84 acres of land in KINFRA Electronics Manufacturing Cluster, Kakkanad, with an investment of Rs 698 crore and would accommodate nearly 10,000 employees in a phased manner.

TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

Peers
Company Name CMP
TCS 2106.00
Infosys 1029.80
HCL Technologies 1270.00
Wipro 165.50
Tech Mahindra 1550.10
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